Texas Administrative Code
Title 19 - EDUCATION
Part 1 - TEXAS HIGHER EDUCATION COORDINATING BOARD
Chapter 15 - RESEARCH FUNDS
Subchapter B - TEXAS UNIVERSITY FUND
Section 15.27 - Percentage Share for Legislative Appropriation

Universal Citation: 19 TX Admin Code § 15.27

Current through Reg. 50, No. 13; March 28, 2025

(a) For the purposes of calculating the legislative appropriation required for an individual institution to become TUF-eligible or to receive Level 1 Base Funding, the legislature must appropriate an amount to the Texas University Fund not less than the difference between:

(1) the quotient of:
(A) the market value of the Texas University Fund on September 1 of the state fiscal year; and

(B) one minus an incoming institution's percentage share of the Texas University Fund; and

(2) the market value of the Texas University Fund on September 1 of the state fiscal year.

(b) For purposes of calculating the legislative appropriation to become a TUF-eligible institution, an institution's percentage share of the Texas University Fund for a state fiscal year shall equal the following calculation:

(1) If the institution meets the research expenditure criteria to receive Level 1 Base Funding upon entry, as defined in § 15.25 of this subchapter (relating to Permanent Endowment for Education and Research Base Funding), the percentage share shall equal the share of Level 1 Base funding an institution would have received in Permanent Endowment for Education and Research Base Funding, as calculated in § 15.25 of this subchapter, had an additional institution been included in the allocation as a recipient of Level 1 Base Funding.

(2) If the institution does not meet the research expenditure criteria to receive Level 1 Base Funding upon entry, as defined in § 15.25 of this subchapter, the percentage share shall equal the share of Level 2 Base funding an institution would have received in Permanent Endowment for Education and Research Base Funding, as calculated in § 15.25 of this subchapter, had an additional institution been included in the allocation as a recipient of Level 2 Base Funding.

(c) For purposes of calculating the legislative appropriation for a currently TUF-eligible institution to receive Level 1 Base Funding, an institution's percentage share of the Texas University Fund for a state fiscal year shall equal the difference between the share of Level 1 Base Funding and Level 2 Base Funding an institution would have received in Permanent Endowment for Education and Research Base Funding, as calculated in § 15.25 of this subchapter, had an additional institution been included in the allocation as a recipient of Level 1 Base Funding, instead of a recipient of Level 2 Base Funding.

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